Doug Greenville
Buying a house vs. investing in mutual funds
Hello everyone. I currently have a significant amount of money invested in mutual funds with a major investment firm. Considering the current state of the U.S. economy and the prospects, or lack thereof, of a recovery...
Matt Bell
First Flip - 670 Miles Away (Montgomery, AL) - Success!
Hi BP Community,My business partner and I live in Houston, Texas but for various reasons have been investing in Montgomery Alabama. We recently sold our first flip in Montgomery, AL - managing the process from 670 mi...
Account Closed
Pretty House Sub2 deal
I get a fair amount of calls from sellers with little or no equity. Usually their loans are so bad and/or the house condition is not great, so I'm not able to see a deal. I have one in front of me now that loo...
Abi Carleigh
Newbie from Calgary, Alberta,
Hello Everyone, My name is Abi, I am from Calgary, Alberta, Canada. I am really excited to join the Forum, I have been working on my goal for real estate investment and I am ready to buy a first single family home res...
Chris Rizzo
Advice on buying your own commercial office space
I own my own business and was looking into possibly buying our office space. We are locked in to a very good lease (with 3 years left and a possible 3 year tenant option to renew) which is making it tough for our lan...
Mark Forest
Subject to ?
I know the legal definition of taking a property “subject to” is that I would take over the payments of the mortgagor. I would not be liable if I could no longer make those payments.
How do the mechanics of this wor...
Account Closed
Spec deal structure
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
Willie Banks
MAKING CONTACT WITH A POTENTIAL PRIVATE MONEY LENDER
Should I come up with a outlined Business Plan and explain to my Private Lender how I plan to use there Money or can anyone give Insight to a better approach???
Bienes Raices
Getting loans with an LLC--is it still possible
I've read about building credit with the LLC by opening accounts at Home Depot or Dun and Bradstreet. But the mortgage brokers I've called have told me you can't get a loan to an LLC. Furthermore they've told me they'...
Franklin Schmidt
Passive Unleveraged Investment?
I have no intrinsic interest in real estate. My interests, in order, are:
1. capital preservation
2. stable returns
3. yield
So why am I here? Because I think unleveraged residential rental real estate in middl...